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9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154
Active
191 Days on Market
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How this price compares

List price
$999,000
Price per sq ft
$903
Vs. nearby sales
16.7% above
Days on market
191

This 2-bedroom condo in Kai At Bay Harbor Condo is listed at $999,000, or $903 per square foot. It has been on the market for 191 days. The 4 most recent condo sales in the closings shown below sold at a median of $774 per square foot, so the asking price is 16.7% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,106
Living Sq Ft
2016
Year Built

Estimated monthly payment

$5,250 /mo

Principal and interest only, based on $199,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,657/mo HOA are not included.

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Listing Snapshot

Price
$999,000
Days on Site
191 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,106 sqft
Year Built
2016
Property Type
Condo
MLS #
A11984093
Property Tax
$12,918 (2025)
HOA Fees
$1,657 / Monthly
Subdivision
KAI AT BAY HARBOR CONDO
Development
Arquitectonica
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Kai Bay Harbor is a boutique waterfront residence designed by Arquitectonica, offering direct water views and a highly desirable location in Bay Harbor Islands. This 1-bedroom plus den, converted into a second bedroom, features Cristal White marble floors throughout and faces west, capturing open marina views and striking sunsets.The residence offers spacious interiors and a generous balcony, ideal for indoor-outdoor living. Kai’s rooftop level includes an infinity-edge pool, sun deck, and lounge area with 360-degree views of Biscayne Bay, Bal Harbour, and the ocean.Located within walking distance to A-rated schools, Bal Harbour Shops, the beach, restaurants, and places of worship. Positioned between Aventura and South Beach, Kai offers convenient access to both while maintaining a quiet residential setting on the​​‌​​​​‌​​‌‌​​‌​​‌​​​‌‌​​​‌‌​​‌​​​‌‌​​​‌ water.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
2016
Property Condition
Resale
Number of Stories
7
Garage Spaces
1
Attached Garage
Yes
Parking
Attached / Garage
Direction Faces
West
Living Sq Ft
1,106

Interior Features

Appliances
Dryer / Dishwasher / Disposal / Microwave / Washer
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile / Marble
Interior Features
Bedroom On Main Level / Dual Sinks / Living Dining Room
Windows
Blinds
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Bayfront / Canal Front / Intracoastal Access
View
Intercoastal

Community & HOA

HOA Fee
$1,657 / Monthly
HOA Includes
Cable Tv / Hot Water / Maintenance Structure / Sewer / Security
Association Amenities
Elevators / Maintenance Grounds
Community Features
Home Owners Association
Security
Security System / Lobby Secured / Security Guard
Utilities
Cable Available
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
2220

This home's HOA fee works out to $1,657 a month, 40% below the $2,746 median across 5 homes for sale in Kai At Bay Harbor Condo. See Kai At Bay Harbor Condo HOA fees

Schools

Elementary School
Ruth K. Broad Bay Harbor K-8
High School
Miami Beach

Kai At Bay Harbor Condo is an age-restricted 55+ community in Bay Harbor Islands, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $949,000 to $2,600,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Kai At Bay Harbor and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
6
Median List Price
$1,990,000
Median $/Sq Ft
$924
Avg Days on Market
311
View all 6 homes for sale in Kai At Bay Harbor →
How do I schedule a tour of 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154?
Use the Tour button on this listing to request a showing of 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154 still available?
9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154 is currently listed as Active, and has been on the market 191 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154?
With 20% down ($199,800) on the $999,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154 is about $5,250/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154 have an HOA fee?
Yes: 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154 carries an HOA fee of about $1,657 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154?
9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154 is zoned for Ruth K. Broad Bay Harbor K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154?
Often, yes. The right offer on 9940 W Bay Harbor Drive 5E-N, Bay Harbor Islands, FL 33154 depends on how it's priced against comparable condo sales in Bay Harbor Islands, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of One Sotheby's International Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$999,000

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Listed by Miriam Poggio, One Sotheby's International Realty

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